Word: exports
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Dates: during 1930-1939
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...take to combat Germany's ruthless new Minenkrieg (mine warfare)? Mr. Chamberlain's reply startled the House and jarred the sensibilities of several nations. The Government, he said, would shortly authorize the Royal Navy to seize not only contraband goods suspected of going into Germany, but all "exports of German origin or ownership." Germany, lying on her economic back half-throttled, had started kicking below the belt. "As a measure of justified reprisal" for "this fresh outrage," Germany should be throttled entirely. She should be cut off from her export markets, from which she derives foreign exchange...
Before the war began, 70% of Germany's export trade was with European countries, mostly The Netherlands, France and England. Japan, South America, Mexico and the Indies are Germany's biggest remaining export markets (outside of bartering with Russia). For example, Chile is waiting now for a big order of German railway equipment...
...While she holds the Maginot Line, Britain should protect the inner front. M. Reynaud and Sir John also agreed that just because there is a war going on-especially a standstill war where the real fighting is economic, by blockade and the capture of Germany's export markets-is no reason why business and commerce should not go ahead in both countries as normally as possible. Together they need as much foreign exchange as they can get. Working together they can help each other keep their places in the sun of world trade...
...bushels (7½% of the U. S. crop) of soybeans, which quintupled the 1933-38 export average. Main buyers: non-belligerents Holland and the Scandinavian countries...
...seven baking companies whose profits were down 2.8%; seven beverage makers down 4.3%; six miscellaneous mining and quarrying companies are down 10%; 13 oil companies down 30.8%, reflecting August's overproduction crisis, the most serious in U. S. oil history and the failure of War II to provide export relief for continued inventory trouble...